The Board of Touchstar Technologies PLC (the “Board”) announced on the 26th September 2024 that it will be conducting a strategic review of the options to identify the optimal path for future growth and value creation for its Shareholders. This review will explore various options, including a potential sale of the Company, its assets or other relevant transactions.
The Board believe that Touchstar has demonstrably a high quality of earnings, considerable growth potential and a proven record of cash generation. The long-term growth strategy and prospects of the business remain positive, and we are continuing to invest to support that growth.
There can be no certainty that a transaction will be pursued by the Company, nor as to the terms of any eventual transaction.
Zeus Capital Limited is acting as Lead Financial Adviser, Nominated Adviser and Broker to the Company in relation to the strategic review.
Strategic Review Announcement - 26th September 2024
Rule 2.11 Letter to Shareholders
Rule 2.11 Letter to Shareholders (e-comms)
Rule 2.11 Letter to Employees